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Tag: laissez-faire

  • Profiteering

    Profiteering

    WotD: Profiteering The base of today’s word, profiteer, can be used as a noun or a verb. As a noun, it refers to a person who takes advantage of a situation in which people are suffering to raise prices excessively on necessary goods and make an unfair profit. Don’t get me wrong, earning a profit…

  • Laissez-faire

    Laissez-faire

    Word of the Day: Laissez-faire There has been much media coverage about Renho, the new leader of the Democratic Party in Japan, and her dual Taiwanese-Japanese nationality. It was also reported that the Japanese government had taken a laissez-faire attitude towards dual citizenship. Although officially, Japanese citizens should give up their other nationality and possess…